Latest Report From Dell'Oro Group Reaffirms Revenue Share Gains During First Quarter, Calendar Year 2012 and QLogic's Continued Market Leadership
ALISO VIEJO, Calif., May 10, 2012 (GLOBE NEWSWIRE) -- Following its eighth consecutive year of Fibre Channel adapter market share leadership in 2011, QLogic Corp. (Nasdaq:QLGC) today announced that the latest research from Dell'Oro Group confirms QLogic® global market share gains in Fibre Channel adapters for the first quarter of calendar year 2012.
According to the Dell'Oro Group Q1 2012 SAN Report, QLogic held more than 57 percent of total revenue share for the quarter, taking share directly from its closest competitor. With a lead of more than 20 percentage points over its nearest rival, QLogic gained more than 3.6 percentage points of market share from the previous quarter.
"These latest share gains confirm the market preference for QLogic Fibre Channel Adapters as customers around the globe continue to trust QLogic's solutions to power their mission-critical storage networks," said Amit Vashi, vice president of marketing, Host Solutions Group, QLogic. "With the world's largest installed base of Fibre Channel adapters, QLogic continues to deliver Fibre Channel solutions that leverage our unique, widely adopted software stack and make it easy for customers to migrate seamlessly to next-generation platforms, including today's virtualized data centers and the rapidly emerging Romley-based server market."
QLogic -- the Market Leader
QLogic market share leadership is driven by IT professionals in Global 2000 corporate data centers where virtualization-dominated IT landscapes and enterprise I/O performance is crucial. Fibre Channel adapters from QLogic offer a suite of technology advancements that enable storage administrators in large enterprises to ensure comprehensive business continuity, maintain application performance and cost-effectively scale their networks.
For additional information about the Dell'Oro Q1 2012 SAN Report, visit: www.delloro.com.
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QLogic (Nasdaq:QLGC) is a global leader and technology innovator in high performance networking, including adapters, switches and ASICs. Leading OEMs and channel partners worldwide rely on QLogic products for their data, storage and server networking solutions. For more information, visit www.qlogic.com.
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This press release contains statements relating to future results of the company (including certain beliefs and projections regarding business and market trends) that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected or implied in the forward-looking statements. The company advises readers that these potential risks and uncertainties include, but are not limited to: unfavorable economic conditions; potential fluctuations in operating results; gross margins that may vary over time; the stock price of the company may be volatile; the company's dependence on the networking markets served; the ability to maintain and gain market or industry acceptance of the company's products; the company's dependence on a small number of customers; the company's ability to compete effectively with other companies; the complexity of the company's products; declining average unit sales prices of comparable products; the company's dependence on sole source and limited source suppliers; the company's dependence on relationships with certain third-party subcontractors and contract manufacturers; the ability to attract and retain key personnel; sales fluctuations arising from customer transitions to new products; seasonal fluctuations and uneven sales patterns in orders from customers; a reduction in sales efforts by current distributors; changes in the company's tax provisions or adverse outcomes resulting from examination of its income tax returns; international economic, currency, regulatory, political and other risks; facilities of the company and its suppliers and customers are located in areas subject to natural disasters; the ability to protect proprietary rights; the ability to satisfactorily resolve any infringement claims; uncertain benefits from strategic business combinations; declines in the market value of the company's marketable securities; environmental compliance costs; changes in regulations or standards regarding energy use of the company's products; difficulties in transitioning to smaller geometry process technologies; the use of "open source" software in the company's products; and computer viruses and other tampering with the company's computer systems.
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